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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues [1] $ 12,028 $ 13,118
Costs and expenses:    
Cost of sales [1],[2] 2,378 2,433
Selling, informational and administrative expenses [1],[2] 2,873 3,339
Research and development expenses [1],[2] 1,724 1,703
Amortization of intangible assets [1] 885 1,183
Restructuring charges and certain acquisition-related costs [1] 69 46
(Gain) on completion of Consumer Healthcare JV transaction [1] (6) 0
Other (income)/deductions––net [1] 221 92
Income from continuing operations before provision for taxes on income [1],[3] 3,885 4,323
Provision for taxes on income [1] 475 433
Income from continuing operations [1] 3,410 3,889
Discontinued operations––net of tax [1] 0 0
Net income before allocation to noncontrolling interests [1],[4],[5],[6] 3,410 3,889
Less: Net income attributable to noncontrolling interests [1] 9 6
Net income attributable to Pfizer Inc. [1] $ 3,401 $ 3,884
Earnings per common share––basic:    
Income from continuing operations attributable to Pfizer Inc. common shareholders (in dollars per share) [1] $ 0.61 $ 0.69
Discontinued operations––net of tax (in dollars per share) [1] 0 0
Net income attributable to Pfizer Inc. common shareholders (in dollars per share) [1] 0.61 0.69
Earnings per common share––diluted:    
Income from continuing operations attributable to Pfizer Inc. common shareholders (in dollars per share) [1] 0.61 0.68
Discontinued operations––net of tax (in dollars per share) [1] 0 0
Net income attributable to Pfizer Inc. common shareholders (in dollars per share) [1] $ 0.61 $ 0.68
Weighted-average shares––basic [1] 5,545 5,635
Weighted-average shares––diluted [1] 5,613 5,750
[1]
Amounts may not add due to rounding.
[2]
Excludes amortization of intangible assets, except as disclosed in Note 9A. Identifiable Intangible Assets and Goodwill: Identifiable Intangible Assets.
[3]
Income from continuing operations before provision for taxes on income. Biopharma’s earnings include dividend income of $77 million in the first quarter of 2020 and $64 million in the first quarter of 2019 from our investment in ViiV. For additional information, see Note 4.
[4]
Amounts may not add due to rounding.
[5]
Amounts may not add due to rounding.
[6]
Amounts may not add due to rounding.